Rate Increases - North Europe to/from Mediterranean

Thursday, August 16^th 2012

Dear Seago Line customer,

Seago Line announces rate increases effective October 1, 2012 for the trades between North Europe and the Mediterranean as follows:

Effective date

October 1, 2012

Southbound Rate Increase

Scope

North Europe (including Scandinavia and the Baltics) to Mediterranean (including Black Sea):

EUR 100/200 per 20'/40' for container rates in Euro
USD 125/250 per 20'/40' for container rates in US Dollars
GBP 75/150 per 20'/40' for container rates in British Pounds

Northbound Rate Increase

Scope

Turkey (excl. Mersin), Greece and the Black Sea to North Europe (including Scandinavia and the Baltics):

EUR 50/75 per 20'/40' for container rates in Euro
USD 75/100 per 20'/40' for container rates in US Dollars
GBP 40/65 per 20'/40' for container rates in British Pounds

Scope

Algeria, Tunisia, Italy, Adriatic region, South of France (Fos sur Mer), Spain and Portugal to North Europe (including Scandinavia and the Baltics):

EUR 50/100 per 20'/40' for container rates in Euro
USD 75/125 per 20'/40' for container rates in US Dollars
GBP 40/80 per 20'/40' for container rates in British Pounds